Private equity firm Filter Capital has announced the appointment of Sumit Sinha as co-founder and managing partner. In a separate development, Oyo Hotels and Homes (OYO) has appointed Ankit Gupta as its chief operating officer (COO) and SVP – frontier businesses.
Filter Capital names co-founder
Private equity firm Filter Capital last week announced the appointment of Sumit Sinha as co-founder and Managing Partner.
Sinha joined Filter Capital in October 2019, and brings with him 13 years of investment advisory experience primarily focused on the technology sector in India. Before joining Filter Capital, Sumit led the technology investment practice at Multiples Alternate Asset, where he oversaw investments in Dream11 and PeopleStrong, according to his profile on Filter Capital website.
Prior to that, Sinha spent 5 years at Warburg Pincus India, where he worked to build the firm’s growth-stage technology practice in India including overseeing its investments in Quikr, CarTrade and Capillary Technologies. He was also employed with the technology investment teams at Permira in London, and Temasek Holdings in India.
Sinha graduated with a BTech from Indian Institute of Technology, Delhi and completed his MBA at The Wharton School.
OYO appoints Ankit Gupta as COO
Indian hospitality company Oyo Hotels and Homes (OYO) has appointed Ankit Gupta as its chief operating officer (COO) and SVP – frontier businesses, OYO India & South Asia.
OYO’s three frontier businesses including self-operated hotel brands, student housing and co-living and OYO Home businesses.
Gupta, a former McKinsey Partner and an alumnus of IIT Bombay, will report to Rohit Kapoor, CEO, OYO Hotels & Homes, India & South Asia. His appointment is in line with the company’s plan to continue to invest in and attract world-class leadership, to drive innovation and growth in the company, per a statement.